Block of flats

>

Block of flats

Avondale Road North, Southport PR9
£370,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • Investment potential detailed below (Let Property Pack)

Description

This portfolio of 5 self-contained flats in Southport offers a fantastic investment opportunity for investors seeking a steady and rewarding return. The property, located in a quiet residential area just a short distance from the town center, seafront, and popular tourist attractions, features a well-maintained garden and presents an exciting future opportunity as an Airbnb to significantly multiply income in a high-demand area. The properties currently produce an annual gross income of £40,620, which could be increased to a market rate of £48,000 with tenants currently situated, making for a worthwhile addition to an investor's property portfolio. With a purchase price that offers a strong potential for returns, this property is an excellent opportunity for investors looking to grow their portfolio.